Two new Welsh taxes 'raising £1bn' take effect

Two new Welsh taxes 'raising £1bn' take effect
 

The first Wales-only taxes for 800 years have come into effect.
Two new devolved taxes have been introduced - the Land Transaction Tax (LTT) on property, which replaces stamp duty, and the Landfill Disposals Tax (LDT), which replaces landfill tax.
The money raised would make a "very significant contribution to Welsh public services", according to the head of Wales' new tax-collecting body.
Ministers estimate the taxes will raise more than £1bn over four years.
What Wales was like when taxes were last paid? Tax cut on Welsh homes up to £180k First Welsh tax law gets Royal Assent... read more

 
1 April 2018 in Business, Views: 54
Source: BBC
Share:
 




News Widget for Webmasters


Realtime News

 

«
»
Mo Tu We Th Fr Sa Su
            1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30